Io.net and NetMind.AI Announce Strategic Partnership to Empower AI and ML Innovations

Summary:
• Io.net will supply extra GPU power to NetMind during peak demand times, giving NetMind users access to increased computational resources.

In an exciting move set to enhance Artificial Intelligence (AI) and machine learning (ML) capabilities, io.net and NetMind.AI have entered into a strategic partnership. This deep collaboration will leverage the strengths of both companies, enhancing their ability to deliver powerful, cost-effective AI solutions that benefit end users on both sides. 

The new partnership between io.net and NetMind.AI sees the combination of both companies’ strengths to rapidly enhance computational capabilities through shared resources and strategic integration. Io.net will supply additional GPU power to NetMind during peak demand times, ensuring NetMind’s users have access to increased computational resources. In return, NetMind will contribute its decentralised computing resources to io.net’s network, bolstering their distributed infrastructure.

Kai Zou, CEO of NetMind.AI, expressed enthusiasm about the partnership, stating, “This collaboration with io.net allows us to offer even more computational power to our users. By combining our resources, we aim to reduce costs while providing high-performance computing power, aligning with our commitment to democratise AI development.”

Echoing this sentiment, Tory Green, CEO of io.net, expressed how, “Working with NetMind strengthens our ability to support a wide range of ML tasks. We’re excited to advance AI technologies together and create new opportunities for developers and businesses.”

About io.net

Io.net is a decentralised physical infrastructure network (DePIN) that deploys and manages on-demand, decentralised GPU clusters from geo-distributed sources. With countless GPUs accessible, io.net is architected for low latency, high processing demand use cases like AI/ML operations and cloud gaming, democratising access to GPU compute capacity while reducing costs, expediting lead times, and expanding choice for engineers and businesses alike. 

About NetMind.AI

NetMind.AI is dedicated to developing the infrastructure, technology, and ecosystem for future AGI, making AI accessible and affordable for everyone. NetMind Power – the company’s principal product – is a decentralised AI ecosystem that mobilises idle computing power, democratising access to otherwise prohibitively expensive AI systems.